Employer of Record In Greece
Skuad's Greece EOR (Employer of Record) solution helps your business expand into Greece without the need of an entity setup. Our unified and automated global HR platform enables you to expedite the onboarding of your remote team, manage their payroll, benefits etc. compliantly. We help you streamline the global expansion process with the able assistance of our international network.
Greece At a Glance
Estimated Population: 10.67 million
Official Language: Greek
GDP: 3.8% (2021)
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Employment In Greece
In Greece there are several employment regulations for companies situated there or are planning to set up a business. Before expanding your business, you will need expertise in the employment and business laws of the country. And what can be better than to partner with an EOR that knows all local laws and explains them to you as well.
Skuad’s Greece EOR (Employer of Record) solution assists companies from across the globe to enter the Greek market. Our unified and automated global HR platform expedites the onboarding of remote teams and manages administrative activities such as payroll and employment contracts.
Greece employment laws apply both to foreign nationals and their citizens. The majority of Greek labor laws favor the employees. Let us understand in detail the employment laws in Greece for citizens and foreigners.
Contractors vs. Full-Time Employees
Employees are classified as either full-time employees or contractors in Greece. Employers classify these workers based on the type of project the employee is hired for and in accordance with the Greek employment laws.
The difference between a full-time employee and a contractor is that full-time employees are entitled to benefits such as statutory sick pay, parental leaves, legal protection from unfair dismissal, health benefits and insurance packages, time-off for emergencies, and flexible work requests. Contractors in Greece, work on a single project basis, they are solely responsible for filing their taxes, work for multiple clients simultaneously, and are not entitled to the statutory benefits organizations are mandated to provide for full-time employees.
In Greece, people prefer full-time employment. The primary reason for this is, full-time employment provides a higher level of financial security in comparison to contractor-based employment.
To easily hire and onboard full-time employees and contractors in Greece with no hassles, contact Skuad today.
Hiring In Greece
In Greece, the state supports employment programs through the Greek Manpower Employment Organization (OAED) and promotes employment of the people under the age of 25 or the long unemployed by reading labor costs. Before an employee starts working, the organization needs to register certain information about the employee in the online information system namely ERGANI.
Hiring for jobs takes place through advertisements and job portals such as skywalker.gr, kariera.gr, jobsite.gr, gr.jooble.org, randstad.gr and more. While interviewing a candidate in Greece, it is important to know about the limitations on background checks. If you are collecting any personal data for an employee, it must be limited to data absolutely required for assessing the candidate for a particular job. If conditions are not followed then there are penalties according to the GDPR regulations.
Greece focuses more on health and safety obligations. Therefore, if an organization employs fewer than 50 employees, one safety technician should be hired by the employer, and organizations having more than 50 employees must hire an occupational physician. If any organization breaches their obligations related to health and safety, heavy civil penalties, administrative penalties (it includes closure of business) and criminal penalties are levied.
Ultimately, the process of hiring contractors and full-time employees in Greece is challenging and time-consuming. Therefore, partnering with an Employer of Record platform like Skuad is the best way to go. Skuad’s global HR platform allows organizations to hire and onboard contractors and full-time employees without setting up a subsidiary in just a few clicks.
To learn more about Skuad, book a demo today.
Probation & Termination
Partnering with Skuad’s Greece EOR solutions will ensure smooth expansion of your business and take your load off the HR function. You can easily rely on Skuad’s EOR services help all types of business enterprises in handling their day-to-day HR tasks at international level, payroll processing activities, tax filing, visa requirements and compliances in an accurate manner and at a considerable cost.
General Employer of Record Service Terms
Types Of Visas in Greece
Skuad’s EOR solution can help you to get a work visa in Greece. Some of the important things to keep in mind for National Visa (work-permit visa) are as follows:
- In order to apply for Visa D, the form shall be submitted duly signed by the applicant.
- The passport holder should have travel medical insurance, which should be valid till the period of stay.
- Applicants must submit a medical fitness certificate from the authorized health department.
- Applicant’s criminal record must be mentioned if any.
- The duration of Visa D is longer than 90 days and lasts upto 365 days.
- Non- EU/EEA citizens who do not require a visa can stay in Greece for upto 90 days within any period of 180 days after the initial entrance.
For an easy and smooth process to get a work permit Contact Skuad now.
Payroll and Taxes in Greece
In Greece, the payroll contributions are mandatory on 13th and 14th salaries which include Easter (half-month salary), vacation bonus (half-month salary) and Christmas (full-month’s salary). Let us discuss in detail the taxation system of Greece.
Incorporation: How To Set Up a Subsidiary In Greece?
Greece allows the formation of various types of companies such as private limited company, limited liability company (LLC), partnerships, public limited company and more. Registration in Greece takes place through an electronic platform which makes the process hassle free. The process to set up limited liability company (LLC) in Greece includes the following:
- Capital and management requirement
- Documents of founders of the company residing in Greece
- Documents of founders who are foreigners
- Unique Business name
- Articles of Association
- Filing complete documents with identity cards and signature
- Registering for Tax Identification Number (TIN) by filing form M3 and M7
- Completing the process by paying fees
Once you complete this documentation process, you can run your business in Greece by registering at the Chamber of Commerce and Industry. The last step is to get your employees registration at the Manpower Employment Organization within 30 days of hiring.
Ultimately, the process of incorporation or setting up a subsidiary is challenging and time-consuming. With an Employer of Record like Skuad, you can hire and build a team in Greece without setting up a subsidiary. An EOR acts as the legal employer on behalf of the organization allowing seamless hiring, payroll management, and legal compliance with the employment laws in Greece. To know more about Skuad’s global HR platform, book a demo today.
Professional Employer Organization (PEO)
Professional Employment Organization (PEO) is a type of organization that partners with your business and provides payroll services, compliances tax filings, recruitment and more. Whereas EOR is a system in which a company offers all types of payroll solutions, tax filings and compliances by becoming a full legal employer of the payroll employee. As EOR is a legal employer, they hold the liabilities and responsibilities of the workers.
The core difference between a PEO and an EOR can be understood through an example of insurance. In PEO, your company carries on insurance and has to opt to pay coverage under their plan while under EOR services, your employees are covered by the EOR insurance and compliances.
Skuad's EOR solution is a good way to expand your business in Greece without setting up a separate entity. Our solutions help you to stay focused on your business and leave all business compliances, payroll processing and complete management work to us. Connect with our expert team to know more.
While setting up a business in Greece, you need to be thorough with the local laws, rules and regulations to grow effectively and efficiently. A one-stop source is Skuad’s platform that can help you through with Global Infrastructure, Unified Employment Platform, Single Invoice for Everything, Compliance with Location taxation and employment laws, IP Protection and Safety,.
Take the plunge book a Demo with Skuad to know more.